Beattie Feathers Received $500 From Tennessee In 1933

[Volfan1000]

Per an Adam Sparks column in today's KNS.

I think General Neyland would have thrived in today's NIL world.

 

[OrangeEtBlanc]

Nearly $12,000 in 2024 money. Not a whole lot, but not chump change either in 1933.

 

[mercuryvol]

Yeah, and at the worst part of the Great Depression it would have been big money in Eastern Tennessee. My father at that same year was sweeping floors in Detroit for 10 cents a day. Tough times.

 

[NighthawkVol]

Per an Adam Sparks column in today's KNS.

I think General Neyland would have thrived in today's NIL world.

NCAA about to hit Tennessee with the death penalty over this finding.

 

[livefaith]

Nearly $12,000 in 2024 money. Not a whole lot, but not chump change either in 1933.

If your grandpa worked to save "$12,000" in 1933, and your father kept it safe for his lifetime, then you inherited it from him today, then you'd get $500! $11,500 was stolen somehow and probably be taxed on it as income.
Unreal what the Federal Reserve has done to our money in a century! Happens slow enough that most people just b1tch @ inflation a little but never revolt enough to change it.
OK, rant complete. Go Vols. Beat the bluebirds.

 

[Rasputin_Vol]

Nearly $12,000 in 2024 money. Not a whole lot, but not chump change either in 1933.

A gold eagle in 1933 was $20. $500/$20 = 25 gold eagles... closer to $50k in 2024 money.

 

[KnoxRealtorVOL]

NCAA about to hit Tennessee with the death penalty over this finding.

lol no kidding

 

[butchna]

NCAA about to hit Tennessee with the death penalty over this finding.

Time for Donde to print off another injunction.

 

[njvols]

NCAA about to hit Tennessee with the death penalty over this finding.

Not traceable...McDonalds didn't hit the market until 1940.

 

[ENGRVOL]

Would have won the Heisman if the trophy was around when he played. Worth every penny.

Who would have won the Heisman from 1900-1934

For nearly a half-century, some of college football's greatest players didn't have the opportunity to vie for what has become the sport's most prestigious

www.si.com

 

[JohnWardForever]

If your grandpa worked to save "$12,000" in 1933, and your father kept it safe for his lifetime, then you inherited it from him today, then you'd get $500! $11,500 was stolen somehow and probably be taxed on it as income.
Unreal what the Federal Reserve has done to our money in a century! Happens slow enough that most people just b1tch @ inflation a little but never revolt enough to change it.
OK, rant complete. Go Vols. Beat the bluebirds.

Truth. Unfortunately truth sails on the majority.

 

[JohnWardForever]

Would have won the Heisman if the trophy was around when he played. Worth every penny.

Who would have won the Heisman from 1900-1934

For nearly a half-century, some of college football's greatest players didn't have the opportunity to vie for what has become the sport's most prestigious

www.si.com

So that makes at least 4 Heistman winners for UT?

 

[207 others]

1929 -- Gene McEver, TennesseeThe winner should have been Minnesota's Bronco Nagurski, whose team was just three points from an undefeated season. But Nagurski was somewhat under-appreciated during his time. McEver helped put Tennessee football on the map by scoring 130 points in the Volunteers' 9-0-1 season. Nine of his touchdowns came from 25-plus yards, and in the finale against South Carolina the halfback found the end zone five times.

 

[turbovol]

Per an Adam Sparks column in today's KNS.

I think General Neyland would have thrived in today's NIL world.

Hilarious comment...

 

[kcvols1]

If your grandpa worked to save "$12,000" in 1933, and your father kept it safe for his lifetime, then you inherited it from him today, then you'd get $500! $11,500 was stolen somehow and probably be taxed on it as income.
Unreal what the Federal Reserve has done to our money in a century! Happens slow enough that most people just b1tch @ inflation a little but never revolt enough to change it.
OK, rant complete. Go Vols. Beat the bluebirds.

If that happened, would he really have been keeping it safe?

 

[mercuryvol]

So that makes at least 4 Heistman winners for UT?

You spelled it correctly.

 

[LAVol1]

If your grandpa worked to save "$12,000" in 1933, and your father kept it safe for his lifetime, then you inherited it from him today, then you'd get $500! $11,500 was stolen somehow and probably be taxed on it as income.
Unreal what the Federal Reserve has done to our money in a century! Happens slow enough that most people just b1tch @ inflation a little but never revolt enough to change it.
OK, rant complete. Go Vols. Beat the bluebirds.

The lesson: Don't hold cash. If you had invested in the stock market in 1933, $500 invested then would be worth over $7.5 Million today.

 

[VOLINVONORE]

The lesson: Don't hold cash. If you had invested in the stock market in 1933, $500 invested then would be worth over $7.5 Million today.

Depends on the stock. You could also be broke.

 

[LAVol1]

Depends on the stock. You could also be broke.

Diversify. The stock market has increased an average of more than 10%/yr. over the last 70 years. If you hold cash, its value has decreased by more than 50% over the same period. So, if you're able to stomach some volatility, buy the S&P 500 index or Berkshire Hathaway and you'll be far better off than holding cash. Even if you had invested at the worst times in the last 100 years, even before the 1929 stock market crash, the stock market has far outperformed cash.

 

[General Jack]

If your grandpa worked to save "$12,000" in 1933, and your father kept it safe for his lifetime, then you inherited it from him today, then you'd get $500! $11,500 was stolen somehow and probably be taxed on it as income.
Unreal what the Federal Reserve has done to our money in a century! Happens slow enough that most people just b1tch @ inflation a little but never revolt enough to change it.
OK, rant complete. Go Vols. Beat the bluebirds.

Might be off by 1000x there but we can chalk it up to a rounding error.

 

[BanditVol]

Nearly $12,000 in 2024 money. Not a whole lot, but not chump change either in 1933.

middle of the depression, so that 12K in 1933 dollars would go even farther